Congrats to my client D.K. on selling her Walnut Grove home. Thanks for all the work you did getting it ready and for being so accomodating for showings and keeping it clean. Your efforts really helped!

The CREA Gets Real: Developing New Measure of Real Estate Health: http://bit.ly/dPGK5K via @addthis

I just won an Amazon Kindle from Alex Kotai – the greatest Mortgage Broker in the Fraser Valley! http://www.YmsCanada.ca

OPEN HOUSE – 21587 93B Avenue Langley, BC
WHEN: Saturday, November, 25, 2010
TIME: 12.00PM to 3.00PM

New Walnut Grove Listing: 21587 93B Avenue Langley, BC
New Price: $483,500

Description:
Great neighborhood. Close to parks, schools and shopping. 3 bedrooms upstairs with 3pc ensuite. Professional renovations completed upstairs in 2009 provide an open living space for kitchen, eating area and living room. Large 2 bedroom basement suite for family or for mortgage help. Lots of new flooring and paint.

Additional Features:
- Recent kitchen renovation includes a gas range, garbage disposal, under cabinet lights, and new cabinets.
- House has built in vacuum roughed in.
- Thermostatically controlled roof vent to draw out summer heat.
- Air conditioner in master bedroom.
- New extra large water heater.
- Two year old furnace.
- Seven year old roof.
- Programmable thermostat upstairs.
- Basement suite has independent temperature control, running on electric heat.

Call Rod for a showing today – 604-581-3838.

For more great listings – CLICK HERE (bengauer.com)

Great article – Realtors earn their fees: http://bit.ly/byLiAC via @addthis: http://bit.ly/byLiAC via @addthis

Fraser Valley housing market “getting back to normal”
(Surrey, BC) – Fraser Valley’s real estate market moved towards balance in October as inventory continued to decrease and sales and prices remained stable.

A total of 1,014 sales were processed on the Fraser Valley Real Estate Board’s Multiple Listing Service® in October, a decrease of 3 per cent compared to 1,044 sales in September and a decrease of 40 per cent compared to 1,704 sales in October of last year.

Deanna Horn, FVREB President, says, “With help from near record low mortgage rates and a steady decrease in the supply of homes, we’re getting back to what I call a ‘normal’, balanced market.

“However, sellers should be aware that demand for homes is strong, yet selective. Buyers in the Fraser Valley recognize that selection, although dropping is still generous and they’re looking for properties priced competitively. Even with carrying costs remaining stable, the affordability threshold is a factor.”

The Board received 2,125 new listings last month, a 12 per cent decrease from September and a 25 per cent decrease compared to October 2009. The Board finished October with 9,561 active listings, 4 per cent fewer than in September and an increase of 9 per cent compared to the 8,807 properties available in October 2009.

Horn adds, “When supply and demand move into balance, prices can become a real ‘sticking point’ underlining the importance of hiring a professional REALTOR® who knows your local market and can provide detailed comparisons to ensure your home is priced competitively.”

The benchmark price for Fraser Valley detached homes in October was $505,759, down 0.3 per cent compared to September and 3 per cent higher compared to $491,128 in October 2009.

The benchmark price of Fraser Valley townhouses in October was $319,058, a 0.9 per cent decrease compared to September and a 2.2 per cent increase compared to October 2009 when it was $312,339.

Year-over-year, the benchmark price of apartments increased 0.2 per cent going from $240,048 in October 2009 to $240,542 last month and 0.4 per cent higher compared to September 2010.

Information and photos of all Fraser Valley Real Estate Board listings can be found on the national, public web site www.REALTOR.ca. Further market statistics can be found on the Board’s web page at www.fvreb.bc.ca. The Fraser Valley Real Estate Board is an association of 2,925 real estate professionals who live and work in the communities of North Delta, Surrey, White Rock, Langley, Abbotsford, and Mission.

New Walnut Grove Listing: 21857 93B Avenue Langley, BC
Price: $519,500

Description:
Great neighborhood. Close to parks, schools and shopping. 3 bedrooms upstairs with 3pc ensuite. Professional renovations completed upstairs in 2009 provide an open living space for kitchen, eating area and living room. Large 2 bedroom basement suite for family or for mortgage help. Lots of new flooring and paint.

Additional Features:
- Recent kitchen renovation includes a gas range, garbage disposal, under cabinet lights, and new cabinets.
- House has built in vacuum roughed in.
- Thermostatically controlled roof vent to draw out summer heat.
- Air conditioner in master bedroom.
- New extra large water heater.
- Two year old furnace.
- Seven year old roof.
- Programmable thermostat upstairs.
- Basement suite has independent temperature control, running on electric heat.

Call Rod for a showing today – 604-581-3838.

For more great listings – CLICK HERE (bengauer.com)

Fraser Valley Real Estate Prices Stabilize. For Article – Click Here.

Click Here for Article: Real Estate on river currents.